August 30, 2014 5:30 PM ET

Healthcare Equipment and Supplies

Company Overview of LifeScan, Inc.

Company Overview

LifeScan, Inc. develops, manufactures, and sells blood glucose monitoring systems for home and hospital use in the United States and internationally. The company provides glucose monitoring products for people with diabetes, point-of-care institutions, and hospitals. It offers blood glucose meters, test strips, lancing devices, and diabetes management software solutions; and hospital meters, data management systems, glucose control solutions, and linearity test kits. The company also provides pre-installation project management, installation, and post installation support services, including on-site and on-line training programs. It offers products through authorized distributors, including ...

1000 Gibraltar Drive

Milpitas, CA 95035

United States

Founded in 1981

Phone:

408-263-9789

Fax:

408-946-6070

Key Executives for LifeScan, Inc.

President of North America Operations
Director of Global Education and Professional Relations
Vice President of Strategic Customer Group and Advanced Care Group
Vice President of Worldwide Medical Safety and External Affairs
Director of Marketing
Compensation as of Fiscal Year 2014.

LifeScan, Inc. Key Developments

UniStrip Technologies, LLC Sues LifeScan, Inc. for Antitrust Violations

UniStrip Technologies, LLC has filed an antitrust lawsuit in the Los Angeles federal court against LifeScan, Inc. for violations of the Sherman and Clayton Acts. UniStrip alleges in its complaint, LifeScan has taken anti-competitive measures by withholding rebates, cooperative marketing funds, and other incentives from wholesalers and retailers who offer UniStrip1 for sale. LifeScan's attempts to preclude UniStrip's entry into the market were coordinated within the company, executed by sales representatives, and added to contracts that expressly conditioned the payment of rebates for LifeScan products on the distributor's refusal to purchase and sell UniStrip products.

Decision Diagnostics Executes Terms Agreement for Suits Against LifeScan

Decision Diagnostics Corp. announced that the company has executed a Terms Agreement with a major east coast based litigation prosecution fund for the financing of the prosecution of DECN's countersuits brought against LifeScan, Inc., a division of Johnson and Johnson, Inc. DECN has asserted claims for anti-trust violations and false advertising.

iHealth Lab and LifeScan Develops Glucometers to Help Manage Diabetes

iHealth Lab and LifeScan, have developed Bluetooth-enabled devices called glucometers that analyze a tiny drop of diabetic's blood to determine the levels of and help them make decisions on diet, exercise and medication. Communicating wirelessly with a smartphone allows for more sophisticated analysis, giving a picture of how the user's glucose levels are changing over time. The apps can also send the results directly from the phone to a doctor. The device and phone app bring high-tech help to diabetics, many of whom still log their glucometer results with pen and paper. The glucometers from both iHealth and LifeScan can work when out of range of the smartphone they've been paired with; they will save the reading and sync with the phone and its app when back in range. Both are FDA approved. The iHealth meter is available now, while the LifeScan version is expected to be offered early 2014.

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